How to Build a Successful Side Hustle on eBay and Gumtree

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How to Build a Successful Side Hustle on eBay and Gumtree

Nizhnevartovsk, Russia - March 11, 2013: Woman hands holding on iPad with Ebay app. eBay Inc. is an American multinational internet consumer-to-consumer corporation, headquartered in San Jose, California. It was founded in 1995, and became a notable success story of the dot-com bubble; it is now a multi-billion dollar business with operations localized in over thirty countries.

Need to earn a couple of extra bucks this month?

We are all familiar with the website eBay and Gumtree where you can buy things from all over the world and have it delivered to your doorstep within a matter of days. Did you know that you could use these websites as a medium to not only buy, but also sell your own items to earn a few extra dollars each month? Well, we will tell you how.

If you have a small business at home where you would like to market and sell your handmade products online, eBay and Gumtree are your saviors. Here are the simple steps you need to follow to start selling your items on these websites:

  1. The first thing you will need to do is register and create an account on any one of these websites. All you need to do is put in your name, address, and other contact information, verify, and you are good to go!
  2. Next, research online and find similar items to those you plan to sell. Pay attention to the prices, you want your item to be priced competitively against the other sellers.
  3. Now, you will need to list your product and market it well. We will address this important step in detail later in the article.
  4. Here’s a simple trick to attract more buyers: Mark your item with free shipping. This uses consumer psychology to make your listings more attractive. Buyers feel like they are getting a deal if the shipping is free. Just make sure you add the shipping costs to the cost of the item itself.
  5. Now, post your listing and wait for the buyers to swarm in.

How can you attract more buyers to your products on eBay and Gumtree?

Whether you are planning to sell your product line on these websites or just a few items that are lying unused in your house, here are a few marketing and advertising tricks that you can use to attract more buyers.

Use competitive pricing

No buyer wants to spend those few extra dollars on a product if a cheaper one is available by another seller. Make sure you research well and find out the prices that your competitors are offering. Price your product less than or almost the same as your competitors products. Selling at a higher volume is almost always more profitable than selling a few items at a higher price.

Click some quality pictures

The problem with purchasing products online is that you don’t get the authentic look and feel of the product until it has reached your doorstep. Attract more customers by clicking high quality pictures of your products, so they look more tempting. These pictures are sure to entice more customers to your product.

Write proper descriptions

The products without pictures or descriptions are the ones that get ignored. Make sure you write an inviting description for your product, so that your buyers fully comprehend what you are offering and its functionality.

Choose items that sell

Certain items sell more than others on websites like Gumtree and eBay. If you are looking to make a steady income from selling your products on these websites, you can sell these items by either selling your old, used products (some second hand items have a great resale value online according to the demand for these old products). Another option is that you can buy these items in bulk and sell them online for a higher price according to the demand of the items. Hot items include:

  1. Video games
  2. Electronic items
  3. Books
  4. Lego
  5. Luxury Clothing and Handbags

As surprising as some of these items might sound, they do offer quite a lucrative market online. You could also choose to buy products from sellers online at a lower cost price, and sell them for a profit at your brick and mortar company.

This is just one of the many side gigs budding entrepreneurs like you can use to make some extra dough. The Hustle Au has all the tips and tricks that you need.

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